Nov 28, 2012 4:00pm PST
of a deal to avoid the so-called fiscal cliff by christmas. president obama says he would like congress to pass a bill even sooner to extend tax cuts for the middle class families. and he invited some of those middle class americans to the white house today to help make his case. >> i have got a pen. [ laughter ] i'm ready to sign it. [ applause ] so, my point here today is is to say let's approach this problem with the middle class in mind. the folks who are behind me and the millions of people all across the country who they represent. >> shepard: well, republicans are saying they need some spending cuts. that they will also have to be part of the deal. and they are accusing the president of campaigning instead of negotiating. >> i mean, every week he spends campaigning for his ideas is a week that we are not solving the problem. it's completely counter productive. the election is over. he won. congratulations. and we have got a hard deadline here, however, and it's still he he is still out on the campaign trail, kind of celebrating. >> shepard: if the president and congress cannot cu
Nov 1, 2012 4:00pm PDT
add up. plus the presidential campaign back in full swing. >> the obama folks are chanting four more years, four more years, but this is our chant. five more days. >> shepard: crunch time in the battle for the white house. >> as long as there is a single american who wants a job but can't find one, our work isn't done. >> shepard: president obama and governor romney now racing to make up for lost time after the devastating super storm. tonight, the candidates refocus on some of the most critical battleground states. plus, fuel shortages now crippling parts of new york, new jersey, and connecticut. >> about an hour and 15 minutes. figure we will be here at least another hour. >> long line as folks wait to buy goods for cars and generators. millions of homes in more than a dozen states still without power. tonight, new speed bumps on the road to recovery. first from fox this thursday night the painful evenings of a lingering super storm. on top of all the death and destruction growing shortages on everything from gasoline to food to batteries for flashlights, there is no telling how lo
Nov 26, 2012 4:00pm PST
. the white house says frankly that's not good enough. aides say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal.